Corporate Finance What Retailers Need To Know When Applying For Secured Loans Retailers often find themselves in need of additional capital to fund their operations, whether it’s for inventory, expansion, or covering operational costs. One option available to them is a secured loan, which can provide the necessary funds while offering attractive terms. However, the application process for secured loans can be daunting, with lenders imposing stringent […] Retail Minded March 29, 2024March 29, 2024 3 min read Results & InvestmentOperations & Supply ChainPredictions and ForecastsShoppersReturnsTechnology & InnovationMarketing: In StoreMarketing: UGCPepsiCoPricing & PromotionsStrategyHealth & WellnessDept. Fuel 0 Saving Bookmark this article Bookmarked
Technology & Innovation Absolut returns to Coachella with metaverse activation, content series The Pernod Ricard vodka brand has moved its metaverse activation, Absolut.Land, to accommodate VR and other consumer preferences. MarketingDive March 28, 2024March 28, 2024 < 1 min read MetaverseReturnsTrends: TechTech: AR and VRDept. Adult BevCPG: Adult BeverageConsumers 0 Saving Bookmark this article Bookmarked
Data & Insights How AI and Automation Will Transform E-Commerce Operations Online retail and e-commerce providers are struggling to meet shopper expectations amidst ongoing inflation, higher costs and lingering supply chain woes. A new independent survey that queried nearly 2,000 global shoppers found that 88 percent of U.S. and 79 percent of U.K. shoppers said that online retailers delivered poor experiences at least once in the […] 0 Author Missing March 28, 2024March 28, 2024 4 min read AITechnology & InnovationShoppersOperations & Supply ChainData & InsightsPricing & PromotionsMarketing: Direct & PersonalizationConsumersCustomer ExperienceDeliveryMarketing: TradePredictions and ForecastsHoliday & EventsStrategyMarketing: Loyalty & SubscriptionOmnichannelDept. NonfoodReturnsAmazonTrends: TechESG and CSRGoogleMarketing: UGCOwned Brands (Private Label)Thick DataEconomy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Target poised for renewed growth MINNEAPOLIS — Target Corp. achieved stunning profit growth in fiscal 2023 despite continued soft sales that ameliorated somewhat over the second half. Looking to the future, management expects to reignite growth by reinforcing, refining and enhancing the strengths that have driven top- and bottom-line expansion for the retailer over the past decade. No strategic reset […] MMR March 25, 2024March 25, 2024 4 min read Technology & InnovationAITargetConsumersExecutivesResults & InvestmentBrick and MortarShoppersStrategyCOVID19ReturnsStore LocationESG and CSRPredictions and ForecastsMarketing: Loyalty & SubscriptionDept. BeverageOperations & Supply ChainMarketing: BrandDeliveryDept. FreshDept. GroceryDept. HBCDept. PerimeterPartnershipsPricing & PromotionsEconomy 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain 3 Ecommerce Logistics Trends that are Changing Retail Right Now The ecommerce industry has experienced rapid growth in recent years, with global sales reaching an estimated $5.8 trillion in 2023, according to research by Statista. The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. […] Retail TouchPoints March 25, 2024March 25, 2024 4 min read Operations & Supply ChainTechnology & InnovationAIShoppersDeliveryPredictions and ForecastsResults & InvestmentReturnsSustainabilityCustomer ExperienceExecutivesMarketing: Social MediaPackagingBigCommerceData & InsightsPartnershipsShopifyStrategyAgencies 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Royal Mail notches up a first as it launches partnership with parcel locker operator Quadient Royal Mail has launched a new partnership with Quadient, giving its customers access to parcel lockers for the first time. The first lockers will launch in Coventry in April, with further locations opening in the following months. Around 1,500 are expected by the end of the year, with further plans for 3,000 across the UK. […] Retail Technology Innovation Hub March 25, 2024March 25, 2024 2 min read PartnershipsShoppersData & InsightsReturnsTechnology & InnovationDept. NonfoodBrick and MortarInternational - UKExecutivesDeliveryConsumersPredictions and ForecastsBOPIS 0 Saving Bookmark this article Bookmarked
Shopper & Customer Return policies sway customer behavior: survey Store customers return less than online shoppers, and some rules are boosting in-store returns of online orders, according to the ICSC. RetailDive March 22, 2024March 22, 2024 < 1 min read ShoppersThick DataReturnsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Miller Lite’s ‘Great Taste, Less Filling’ debate returns with nostalgic push VHS tape collectibles and a promotion with the last Blockbuster in operation round out the campaign’s throwback theme. MarketingDive March 21, 2024March 21, 2024 < 1 min read Returns 0 Saving Bookmark this article Bookmarked
Shopper & Customer How Retailers Can Refresh Stale Triggered Campaigns Most of the conversations I have with retailers these days are about strategies to improve the performance of their tried-and-true triggered marketing campaigns — e.g., abandon browse, search and product campaigns. Retailers are aware that having triggers for shoppers who abandoned their cart, abandoned a search or browse is now pretty commonplace, and so the […] Sara Lapworth March 20, 2024March 20, 2024 4 min read ShoppersConsumersData & InsightsOperations & Supply ChainReturnsMarketing: UGCMarketing: TradeTechnology & InnovationMarketing: Direct & PersonalizationESG and CSRGoogleMarketing: In StoreMarketing: Loyalty & SubscriptionOwned Brands (Private Label)Predictions and ForecastsPricing & PromotionsStrategyDelivery 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Navigating The Loan Process: Tips For Securing Restaurant Financing Opening a restaurant necessitates securing funding, a process that can overwhelm even the most ambitious restaurateurs. Between crafting an investor-worthy business plan, providing robust financial projections, and competing against other inspiring ventures, securing backing may seem an insurmountable challenge. However, the financing process doesn’t have to obstruct your culinary vision. This guide offers an inside […] Retail Minded March 19, 2024March 19, 2024 3 min read RestaurantsResults & InvestmentPredictions and ForecastsTargetExecutivesReturnsStrategyStore LocationPricing & PromotionsDept. Grocery 0 Saving Bookmark this article Bookmarked
Merchandising Speak the CFO’s Language To Grow Digital Shelf Investments DSI “A lot of business cases, they depend on internal efficiency gains. But if you don’t measure this … then it will never lead to project success or success on the digital shelf … Have a measuring mindset.” — Ilse Goverts-van Kesteren, Lead Business Consultant, Wunderman Thompson When Wunderman Thompson asked […] Digital Shelf Institute March 18, 2024March 18, 2024 10 min read MerchandisingResults & InvestmentData & InsightsExecutivesConsumersPodcastsTargetMarketing: Social MediaPartnershipsReturnsKrogerPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Stores & Formats Dick’s to Open 16 Next-Gen ‘50K’ Stores, Expand House of Sport Format in 2024 Dick’s Sporting Goods posted strong results in fiscal 2023, which ended Feb. 3, 2024, with $13 billion in net sales, 5% higher than the previous year, and a 2.4% increase in comp store sales. For the coming fiscal year, the retailer is planning $800 million in CapEx expenditures to fund a major brick-and-mortar expansion that […] Retail TouchPoints March 16, 2024March 21, 2024 2 min read Predictions and ForecastsBrick and MortarStore LocationOmnichannelResults & InvestmentMarketing: Social MediaDept. ApparelTargetReturnsExecutivesStrategyDept. Sporting goodsDept. NonfoodOperations & Supply Chain 0 Saving Bookmark this article Bookmarked 5
Corporate Strategy Rough Week for Retail CEOs: Top Execs Out at Petco, Under Armour, Fossil It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco, Under Armour, Fossil Group and, as Retail TouchPoints previously reported, Allbirds. Former Best Buy COO to Lead Petco While CEO Search Gets Underway Ron Coughlin — who led Petco through […] Retail TouchPoints March 15, 2024March 21, 2024 4 min read ExecutivesPredictions and ForecastsResults & InvestmentMarketing: Loyalty & SubscriptionStrategyShoppersHealth & WellnessBest BuyDept. ApparelPartnershipsMarketing: Social MediaReturnsCustomer ExperienceInternationalOperations & Supply ChainHoliday & EventsLowesConsumersStart UpsTechnology & InnovationDeliveryBrick and MortarCOVID19EconomyAssociates 0 Saving Bookmark this article Bookmarked 5
Shopper & Customer Retail’s Great Balancing Act and Why Crowdsourcing is Key Consumers want convenience, personalization and value — it’s what pushed the U.S. retail market to a record $5.13 trillion in 2023. As inflation subsides, what shoppers want and how they spend will keep playing a big role in how the market evolves. Retailers need to keep pace with a more connected, savvy and discerning customer […] Dennis Moon March 14, 2024March 14, 2024 3 min read ShoppersConsumersDeliveryTechnology & InnovationOmnichannelOperations & Supply ChainConsultingData & InsightsMarketing: Direct & PersonalizationEconomyReturnsWhole FoodsCompetitionHoliday & EventsMarketing: Loyalty & SubscriptionCOVID19ExecutivesInclusivityBrick and MortarMarketing: In StorePricing & PromotionsResults & InvestmentESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair Under Armour announced CEO Stephanie Linnartz is stepping down from her role just over a year after she started. CNBC March 14, 2024March 14, 2024 < 1 min read ReturnsExecutives 0 Saving Bookmark this article Bookmarked
Technology & Innovation Shop Premium Outlets Debuts Retail Media Network Shop Premium Outlets (SPO) — the online marketplace from mall operator Simon Property Group and Rue Gilt Groupe — has launched a retail media network powered by Mirakl Ads, a new retail media offering from marketplace solution Mirakl (on which SPO is built). SPO features on-sale and outlet merchandise from more than 300 curated sellers […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Technology & InnovationAIMarketing: Retail MediaShoppersPartnershipsMarketing: Direct & PersonalizationBrick and MortarMarketing: Social MediaCustomer ExperienceDept. ApparelOmnichannelReturnsExecutivesOperations & Supply ChainPredictions and ForecastsSponsored 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Using In-Depth Retail Media Analytics To Refine DSP Performance DSI “A big trap that a lot of brands fall into is, they may have some growth goals … but they’re overly focused on bottom-of-funnel metrics like ROAS [return on investment]. And that is just going to kill any innovation that you might have.” — Kiri Masters, Head of Retail Marketplace Strategy, Acadia Measuring Amazon Deliver Service […] Digital Shelf Institute March 11, 2024March 11, 2024 9 min read AmazonData & InsightsMarketing: Retail MediaConsumersMerchandisingTechnology & InnovationShoppersStrategyResults & InvestmentMarketing: UGCCompetitionAcquisitionPredictions and ForecastsMarketing: Social MediaPodcastsReturnsCustomer ExperienceWalmartHealth & WellnessOperations & Supply ChainPartnerships 0 Saving Bookmark this article Bookmarked
Shopper & Customer Building Brand Advocates Through the Post-Click Experience Creating a positive customer experience lies at the heart of every brand’s purpose in the journey to nurturing and retaining customers. But how does the post-click experience factor into this important dynamic? In an ever-evolving and crowded marketplace — and with social commerce increasingly dictating how customers are introduced to brands and shop with them […] Kamran Iqbal March 11, 2024March 11, 2024 4 min read ShoppersData & InsightsReturnsESG and CSRCustomer ExperienceMarketing: Social MediaOperations & Supply ChainMarketing: Loyalty & SubscriptionConsumersStrategyOmnichannelBig DataTargetDeliveryDept. ApparelPredictions and Forecastssocial commerceStore LocationMarketing: In Store 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Kroger March 7, 2024March 8, 2024 9 min read KrogerResults & InvestmentPredictions and ForecastsAssociatesDept. FuelShoppersDept. Fresh PreparedDept. DeliHealth & WellnessSustainabilityEconomyGovernmentConsumersOperations & Supply ChainStrategyDept. PharmacyMarketing: BrandDept. FreshReturnsMergersOwned Brands (Private Label)PartnershipsDept. GroceryDept. DairyDept. BeverageData & InsightsExecutivesMarketing: Direct & PersonalizationWeatherCustomer ExperienceCompetitionPress ReleaseUnileverDivestituresDept. PerimeterAlbertsons / SafewayDept. BakeryTargetRegional GroceryDept. Natural / OrganicDept. HBCBrick and MortarDeliveryTrends: ConsumerTechnology & InnovationMarketing: TradeMarketing: Loyalty & SubscriptionMarketing: In StoreESG and CSR 0 Saving Bookmark this article Bookmarked
Corporate Finance Kroger’s Q4 earnings beat expectations CINCINNATI—Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.8% in the quarter, while underlying identical sales without fuel increased 0.1%. The […] MMR March 7, 2024March 7, 2024 3 min read Results & InvestmentKrogerAssociatesShoppersPredictions and ForecastsDept. FuelReturnsSustainabilityExecutivesConsumersCustomer ExperienceOwned Brands (Private Label)PartnershipsStrategyMarketing: TradeMarketing: Direct & PersonalizationDept. FreshOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth Sales at Gap’s largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue. CNBC March 7, 2024March 7, 2024 < 1 min read ReturnsResults & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth Sales at Gap’s largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue. CNBC March 7, 2024March 7, 2024 < 1 min read ReturnsResults & InvestmentHoliday & Events 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Could Avatars Be the Solution To Reducing Returns? A recently introduced digital twin fit predictor tool for luxury consumers allows them to virtually try out items based on their actual appearance and measurements. This innovation has the potential to significantly reduce returns. RetailWire March 6, 2024March 6, 2024 < 1 min read ReturnsConsumersTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing Target Adds Paid Option to Loyalty Program Target is adding a paid option to its loyalty program, offering free same-day delivery from the retailer’s Shipt subsidiary and its 100+ retail partners. The Target Circle 360 program’s annual $99 fee will be only $49 (for the first year) for customers who sign up from April 7, when the program kicks off, through May […] Retail TouchPoints March 5, 2024March 5, 2024 2 min read Marketing: Loyalty & SubscriptionTargetAmazonDeliveryWalmartShoppersPredictions and ForecastsReturnsMarketing: Social MediaCVSKrogerBrick and MortarDept. PharmacyExecutivesOperations & Supply ChainPartnershipsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Stores & Formats Big Box Stores Agree: Let’s Get Small The Washington Post writes that “two of the biggest names in big-box retail have boosted their bets on a growing trend for brick-and-mortar sales: smaller stores. “Best Buy and Macy’s this week announced plans to add small-format stores in a strategy that could help the companies cut costs while answering customers’ demand for convenience. They […] MorningNewsBeat March 4, 2024March 4, 2024 2 min read Brick and MortarBest BuyDept. NonfoodReturnsConsumersTargetStrategyShoppersPricing & PromotionsPredictions and ForecastsMarketing: Social MediaESG and CSR 0 Saving Bookmark this article Bookmarked
Shopper & Customer How AR Technology Helps Brands Enhance Customer Experiences and Increase Sales Augmented reality (AR) unlocks a variety of opportunities for the retail sector. It helps to elevate the in-store buying experience, bring online shopping to a completely new level, and enhance guests’ experiences at fashion shows. Let’s see how AR is used by well-known brands and what benefits it brings to consumers’ shopping journeys. How AR […] Kosta Popov March 4, 2024March 4, 2024 3 min read Technology & InnovationConsumersShoppersDept. ApparelMarketing: In StoreMarketing: Social MediaBrick and MortarDept. NonfoodPredictions and ForecastsSustainabilityCustomer ExperienceReturnsTech: AR and VRMetaverseExecutivesQ CommerceThick DataMarketing: PrintInternational - UKDeliveryTargetUnilever 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Return it or Keep it? Which Policy is Right for Your Business As the retail landscape continues to evolve, the significance of a well-structured return policy becomes increasingly evident. A recent report from the National Retail Federation showed the rate of returns increased 14.5 percent last year, a total of $743 billion in merchandise. Online retailers specifically experienced a notable uptick in returns in 2023, with an […] Liam Gerada February 29, 2024February 29, 2024 2 min read ReturnsShoppersData & InsightsOperations & Supply ChainCustomer ExperienceSustainabilityStrategyTechnology & InnovationDeliveryResults & InvestmentMarketing: Loyalty & SubscriptionMarketing: Social MediaExecutivesPredictions and ForecastsTrends: RetailMarketing: In StoreHoliday & EventsAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights The Future of Retail: 3 Insights for 2024 For retailers, consumers are, and always have been, the beating heart of business success. In today’s world of ample choice for customers, this vitality is at an all-time high. Consumer buying power is higher than ever as is the importance of building loyalty and trust among them. Retailers know it’s crucial to anticipate customer needs […] Matthew Laukaitis February 29, 2024February 29, 2024 3 min read Technology & InnovationAIConsumersShoppersPredictions and ForecastsData & InsightsMarketing: Loyalty & SubscriptionOperations & Supply ChainMarketing: Direct & PersonalizationTrends: RetailInsight ProvidersEconomyCustomer ExperienceExecutivesReturnsDept. NonfoodMarketing: In StoreMarketing: TradePricing & PromotionsStrategySustainability 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Cadbury Big Win-Win promotion returns Mondelēz International is bringing back its Big Win-Win campaign again this year offering both retailers and their shoppers the chance to win cash prizes. The Cadbury Big Win-Win on-and off-pack promotion will run from the end of February to mid-June, inviting consumers to nominate their… This story continues at Cadbury Big Win-Win promotion returns Or […] Talking Retail February 29, 2024February 29, 2024 < 1 min read ReturnsMondelezInternationalConsumersShoppersPredictions and ForecastsDept. Bakery 0 Saving Bookmark this article Bookmarked
Data & Insights Redefining Retail: 3 AI Trends Leading the Way For some time now, many retailers have been exploring the use of artificial intelligence to enhance various aspects of their business, from inventory placement to merchandising assortments. However, the conversation gained renewed momentum in 2023 with the emergence of ChatGPT and generative AI. This increased interest in the potential of AI to transform retail operations […] Antony Wildey February 28, 2024February 28, 2024 3 min read Technology & InnovationAIOperations & Supply ChainShoppersData & InsightsConsumersDeliveryMerchandisingReturnsPredictions and ForecastsDept. NonfoodMarketing: UGCSustainabilityConsultingChatGPTDept. ApparelIndustry Conferences and EventsMarketing: In StoreMarketing: Loyalty & SubscriptionStrategyEconomy 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers Channel: Home Improvement Acquisitions, Divestitures & Mergers Corporate Finance Operations & Supply Chain Home Depot Acquires SRS for $18.25B, Boosting Pro Sales Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers. Written by RetailWire March 28, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Grocery Kroger to close 3 e-commerce fulfillment facilities The grocer said it will shutter one Ocado-powered spoke in South Florida and two others in Texas in late May. Written by Grocery Dive March 27, 2024March 28, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Car Brand Loyalty in 2024 See this visualization first on the Voronoi app. Car Brand Loyalty in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. This graphic visualizes the best and worst car brands in terms of brand loyalty. […] Written by Visual Capitalist March 26, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Retail Ecosystem ESG Media & Marketing Agencies & Vendors Retail Ecosystem Data & Insights International Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Key Takeaways From Shoptalk Spring 2024 Shoptalk always brings the best and brightest minds of the industry together for four days packed with insights, networking opportunities, trend predictions and so much more. This year, the spring event in Las Vegas was no exception. But like many other major industry events, Shoptalk can feel like you’re sprinting a marathon — there’s so […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Corporate Finance Partnerships & Alt Profit Shopper & Customer Trends & External Forces Stores & Formats Nike Pivots, Embraces Wholesale Once Again Amid faltering demand for shoes and clothing as well as slipping digital sales, Nike Inc. said last week that it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. Executives discussed those plans on Nike’s earnings call, during which it announced that while fiscal […] Written by TotalRetail March 25, 2024March 26, 2024 Saving Bookmark this article Bookmarked